EBRD to step up engagement in Ukraine

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newsBank’s financing and technical assistance will supplement the international response and the IMF programme.

The EBRD could invest around €1 billion a year over the next few years, signficantly raising its investments from the range of €550 to €750 million contemplated earlier in 2014. This increase is envisioned in the context of the response of the international community, including Ukraine’s agreement announced today with the International Monetary Fund for a macro-economic stabilisation programme.

The EBRD will continue to monitor economic developments in Ukraine and will adjust its approach accordingly in support of its clients.  The EBRD has a portfolio of investments in Ukraine of around €4.7 billion.

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